February 2015                    NewsWIB Labor Market Information
Labor Market Information Updates

Labor Market data comes from multiple sources, i.e., US Bureau
of Labor Statistics (BLS), Office of Workforce Development, Ohio Department of Job and Family Services, Ohio Labor Market Information (LMI), Economic Modeling Specialists International (EMSI), WANTED Analytics and others. Information reported is the most current depending
on the source.

Nationally, the unemployment rate, at 5.7 percent, changed little
in January 2015 and has shown no net change since October 2014. 
The number of unemployed persons, at 9.0 million, was little changed 
in January. Among the major worker groups, the unemployment rate 
for teenagers (18.8 percent) increased in January. The jobless rates 
for adult men (5.3 percent), adult  women (5.1 percent), Whites (4.9 percent), Blacks (10.3 percent), Asians (4.0 percent), and Hispanics 
(6.7 percent) showed little or no change. 
Cincinnati-Hamilton County 
December 2014 Area Employment

 

Area Employment

December 2014

% Change from December 2013

 

Total Nonfarm Employment

      

      

      1,054,700


 

+ 2.1

  • Mining, logging, and construction

     

           42,800

 

+6.5

  • Manufacturing

   

         109,700

 

+2.7

  • Trade, transportation and utilities

  

         211,300

 

+1.8

  • Information

          

           13,700

 

-2.1

  • Financial Activities

           

           67,300

 

 +4.6

  • Professional and business services

   

         166,700

 

+2.2

  • Education and health services

   

         158,700


 

-0.3

  • Leisure and hospitality

  

        108,700

 

+2.8

  • Other services

     

          41,000

 

+2.8

  • Government   

   

        129,900

 

-0.2
 


You can check out the latest updates from the Bureau of Labor Statistics at
                                 
                                http://www.bls.gov/opub.update.htm   
Economic Modeling Specialists International (EMSI) Most Recent Report on
Hamilton County Job Postings

There were 73,035 total job postings reported for the month of January 2015, 
of which 18,352 were unique. These numbers reflect a Posting Intensity of 
4-to-1, meaning that for every 4 postings there is 1 unique job posting.

The Top Job Postings included:

Occupation                                            # Postings           #Jobs   
Heavy and Tractor-Trailer Truck Drivers  6,611                 2,103
Registered Nurses  2,424                   508
First-Line Supervisors of Retail Sales Workers  1,759                   482
Retail Salespersons  2,030                   443
Customer Service Representatives  1,835                   396
Sales Managers     794                   326
First Line Office Supervisors and Administrative Supervisors     883                   333
Marketing Managers     685                   289
Management Analysts  1,379                   273
Accountants     871                   262


  • � Copyright 2014 EMSI

January 2015 Unemployment Rate
(Seasonally Adjusted)

The national total nonfarm payroll employment rose by 257,000 in January, 
and the unemployment rate was little changed at 5.7 percent, the U.S. Bureau
of Labor Statistics reported.  Job gains occurred in retail trade, construction,
health care, financial activities, and manufacturing.

However, in December 2014, the Hamilton County unemployment rate was 
4.0 percent. Information on unemployment rates throughout the State of Ohio can be found online at http://ohiolmi.com/laus/ColorRateMap.pdf.

Unemployment Insurance Claims
Ohio and Hamilton County

In Ohio, initial unemployment claims for the week ending February 14 was 283,000, a decrease of 21,000 from the previous week's unrevised level
of 304,000.  In Hamilton County, new claims totaled 2,471 and continued claims were 18,486.

Featured Employer
Entry Level Postal Services

Today, there are 864 entry level jobs available at the US Postal Service, all 

across the country.*

  • Average starting pay is $21 per hour, with benefits
  • No experience is necessary
  • High school diploma/GED is NOT required if you are 18 or older
  • Federal benefits for career employees
  • Average postal worker makes $72,000 a year
  • Paid "on the job" training, and paid vacation
  • Retirement plan

*Source: US Postal Service - February 19, 2015

 

Issue 2015-2

Top 5 Companies
Hiring in Hamilton County
  • Fifth Third Bancorp
  • The University of Cincinnati
  • Mercy Health System
  • Oracle Corporation
  • Cincinnati Children's Hospital Medical Center
Top 5 Cities Hiring in Hamilton County
  • Cincinnati
  • Blue Ash
  • Sharonville
  • Norwood
  • Harrison
Ohio Department of Job and Family Services
My Skills My Future

Explore new career options based on the skills you have used in a past job.


Independence for Young Millennials: moving out and boomeranging back


In the recent issue of the BLS Labor Review, data from the National Longitudinal Survey of Youth 1997 examines the process of household formation for young adults born between 1980 and 1984. By age 27, about 90 percent of these individuals had left their parental households at least once and more than 50 percent of them had moved back at some point after moving out. Boomeranging is correlated with certain individual and family characteristics, including gender, race, educational attainment and household income.  For more on this story and the economic impact. 

Click Here.


YOUR FEEDBACK IS WELCOME!


Prepared by:
Southwest Ohio Region Workforce Investment Board
513-612-3678